By Todd B. Reinstein , Partner, Pepper Hamilton LLP
Section 382 limits a loss corporation's ability to use its tax net operating loss (NOLs) carryforward following an "ownership change."[1] An ownership change is triggered if one or more "5-percent shareholders" of the loss...

By Todd B. Reinstein , Partner, Pepper Hamilton LLP
Section 382 limits a loss corporation's ability to use its tax net operating loss (NOLs) carryforward following an "ownership change."[1] An ownership change is triggered if one or more "5-percent shareholders" of the loss...